Tag: the51
Venture funding surged in Québec and Alberta tech sectors over 2022, bucking national trend
Alberta and Québec investment increased by 89 percent and 21 percent, respectively. As many Canadian tech ecosystems saw venture funding fall in 2022 amid…
Movement51 launches new “investment readiness” education program for women entrepreneurs across Canada
With backing from TD, Movement51 aims to close VC funding gap for gender-diverse founders. The51’s sister organization, Movement51 (M51), has opened applications for Founder’s…
The51 appoints former AltaML, CDL manager Danielle Gifford as director for Movement51
With Danielle Gifford at the helm, Movement51 plans for its next growth phase across Canada. The51 has appointed Danielle Gifford as its new executive…
Jombone closes $3.3 million to modernize the blue-collar staffing industry
Jombone aims to offer businesses an alternative to incumbent staffing agencies. The blue-collar staffing space is dominated by multinational, legacy, publicly-traded players like Manpower,…
Blume secures $2 million CAD to scale latte replacement product
Frank and Oak, Nude Beverages execs buy into Blume’s first institutional round. Vancouver-based organic food brand Blume has closed $2 million CAD in what…
Cadence closes $1.2 million to ease the administrative burden for grieving families
Backed by Conexus, Lex Capital, The51, Cadence aims to expand across North America. Saskatoon-based Cadence has raised $1.2 million CAD in seed funding to…
Areto Labs secures $1 million to address online abuse with machine learning
Areto Labs aims to help sports teams protect star athletes from social media trolls. Edmonton-based Areto Labs is a B2B cybersecurity software startup that…
Haloo raises $2.9 million CAD to offer IP verification tech as solution for NFT theft, fraud
Haloo sees a rise in NFT-related applications for trademarks. Toronto-based startup Haloo (formerly Heirlume) has raised $2.9 million CAD ($2.3 million USD) in all-equity,…
Yuan Shi joins The51 as Food and AgTech Fund secures more than $50 million
Shi launched the climate stream at CDL-Vancouver. The former Vancouver director for the Creative Destruction Lab (CDL) has joined The51. Yuan Shi comes to…